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Bulgaria's PST Group led tie-up inks 9.8 mln euro road maintenance deal

Author Mario Tanev
Bulgaria's PST Group led tie-up inks 9.8 mln euro road maintenance deal Photo: Bulgaria's Road Infrastructure Agency/ All rights reserved.

SOFIA (Bulgaria), December 6 (SeeNews) - Bulgaria's Road Infrastructure Agency said on Friday that it has signed an 19.1 million levs ($10.8 million/9.8 million euro) framework agreement for road maintenance with a tie-up between PST Group, Paycom Bulgaria and Mizoti.

According to registry agency data, PST Group owns 50% interest in the tie-up, Paycom Bulgaria controls 37%, while Mizoti has 13%.

The agreement concerns some 646 kilometres of roads in the Vratsa region, the government agency said in a notice.

The contract was signed on December 2, according to the notice.

The public procurement procedure for awarding the contract attracted three offers.

(1 euro = 1.95583 levs)

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